How To Make An Extra $1100 A Month Doing Nothing

Travel

Posted on May 09, 2017

Move over Air Bnb there's a new app letting car owners earn money for doing absolutely nothing... and it has nothing to do with Uber.

Dubbed Car Next Door the website has over 30,000 users and close to 900 cars in use in Sydney and Melbourne. Melbourne man Michael Tanner currently earns up to $1100 a month on the car-sharing website dubbed Car Next Door.

He rents out his Ford Transit van and takes home around$500-$700 profit when factoring in running expenses, registration, etc.

“I’ve got a late-model van that I use off and on for carting plants around. Most of the time it’s empty, so it has worked out very well,” Mr Tanner said. “It’s good for me as a small business. I don’t frequently need it but when I need it I just book it.”

“I just put the extra cash to the side,” he said. “There’s a secondary benefit, which is that it’s forcing me to think about whether or not I actually need to use the van — can I walk to work, can I walk to school to pick up the kids, those kinds of things.”

The business has been around since 2012 and last month launched in Brisbane. The website claims the average owner makes around $3500 a year on the platform. For those looking to rent vehicles online, a car will generally set you back around $4 an hour or $20 a day to rent.

With the backing of Caltex and high-profile tech entrepreneur Steve Baxter the company is valued at more than $13 million. alian household now spending around $22,000 a year in transport costs, he’s one of a growing number of people turning to platforms like GoGet and Car Next Door for short-term car bookings, or to make extra cash from their vehicle while it’s not in use.

With the average Australian household now spending around $22,000 a year in transport costs, he’s one of a growing number of people turning to platforms like GoGet and Car Next Door for short-term car bookings, or to make extra cash from their vehicle while it’s not in use.